WASHINGTON (Reuters) - The U.S. Federal Trade Commission on Wednesday rejected a bid by Amazon.com Inc to quash demands that both Chief Executive Andy Jassy and Executive Chairman Jeff Bezos testify at an investigative hearing.
Last month, Amazon questioned what it called the agency's "burdensome" requests in its investigation of the sign-up and cancellation processes for its Prime program. The FTC said Amazon.com must comply with broad June 30 Civil Investigative Demand no later than Oct. 7.
(Reporting by David Shepardson; Editing by Sandra Maler)
Founder of Amazon.com, Inc., Explore Holdings LLC, Bezos Day One Fund and Blue Origin LLC, Jeffrey P. Bezos presently occupies the position of Chairman, President & Chief Executive Officer for Amazon.com, Inc. Mr. Bezos is also Owner at WP Co. LLC, Advisor at Basecamp LLC and Owner at Nash Holdings LLC. In his past career he occupied the position of Chairman at The Business Council. Mr. Bezos received an undergraduate degree from Princeton University.
View full profile| Linked companies | |
|---|---|
| AMAZON.COM, INC. | Founder |
Explore Holdings LLC
 Explore Holdings LLC Investment ManagersFinance Explore Holdings LLC (Bezos Expeditions) is a personal investment arm of Jeff Bezos founded in 2003. The firm is headquartered in Seattle, Washington. | Founder |
